JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher 0.9% at 4552 this morning while Asian markets rebounded.
Asian shares crept off four-year lows on Wednesday as China’s efforts to stabilise its currency brought a moment of calm to equity markets, even as oil marked a sorry new milestone under $30 a barrel, Reuters reported.
Nymex’s crude oil fell 1.62% to US$30.90 per barrel in Asian trading this morning and gold inched down 0.03% to US$1,084.90 per ounce.
Astra Agro jumped 3.6%, Bank Central Asia gained 3.73%, Bank Rakyat Indonesia rose 2.64%, Bumi Serpong Damai increased 2.55%, Charoen Pokphand added 2.82%, XL Axiata surged 6.35%, Gudang Garam hiked 3.3%, Indofood climbed 6.3%, and Jasa Marga gained 3.56%.